Recent Updates — FGMCR
BOXABL Inc. entered into a Product Purchase Agreement with LC Vegas Acquisitions, LLC to sell up to 1,580 new three-bedroom ranch homes over three years. The aggregate potential value is approximately $233 million, subject to final engineering and material selections. Purchases must occur in batches of 50 units. BOXABL will handle engineering, design, mechanicals, plumbing, electrical, state approvals, and project management oversight. LC Vegas Acquisitions is responsible for site development, local permits, installation, zoning, utilities, interior finishes, roofing, cladding, and carports. The buyer paid $100,000 upfront for engineering and design work. An amendment provides stock incentives: BOXABL will issue Class A Common Stock valued at $1 million, $2 million, or $3 million based on deposit amounts of $10–$19.9 million, $20–$29.9 million, or $30 million or more, respectively. The agreement is terminable by the buyer upon written notice. BOXABL Inc. operates in the modular housing and construction industry.
On July 17, 2026, FG Merger II Corp. completed its business combination with BOXABL Inc., resulting in the renaming of the surviving entity to BOXABL Inc. The transaction involved the issuance of 246,524,760 shares of common stock and 103,475,240 shares of preferred stock to former BOXABL securityholders, representing an aggregate merger consideration value of $3,500,000,000 based on a $10.00 per share valuation. Following the merger, the combined company's Class A Common Stock began trading on Nasdaq under the symbol BXBL on July 20, 2026. BOXABL Inc. operates in the modular housing industry, providing prefabricated construction solutions.